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Cheer Holding (Glory Star, TKK Symphony Acquisition) Priced, Nasdaq: CHR

Blank check company formed to acquire a consumer products business in China (completed 2/14/2020).

Industry: SPAC

First Day Return: +0.4%

We were formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location. However, we believe we are particularly well-positioned to capitalize on growing opportunities created by consumer/lifestyle assets that may have particular application for the PRC market (including traditional consumer staples characterized by lower cyclicality, such as food and beverages and household products; luxurious lifestyle products and retail brands, such as fashion, cosmetics, entertainment and leisure and other consumer discretionary products; E-commerce and online retailers; and sub-sectors within other high potential industries driven by retail sentiments and consumer demand such as consumer-focused pharmaceuticals, including sport nutrition, vitamins, dietary supplements, and other consumer-oriented healthcare services). Our management team is led by Mr. Sing Wang, our Chairman and CEO. Over a 30-year career, Mr. Wang has spearheaded nearly 70 PE and VC transactions in the consumer, technology, telecommunications, media, financial institutions, healthcare and natural resources sectors.
IPO Data
IPO Date 08/15/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $220
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Hong Kong, China
Founded 2018
Employees at IPO 4

Cheer Holding (Glory Star, TKK Symphony Acquisition) (CHR) Performance

Created with Highcharts 10.3.2Chart context menuCHR vs. IPO Index (IPOUSA)Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 20250%+ 100%+ 200%-100%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index